Tsuzumi-mon Gate, Kanazawa, Ishikawa
Photo: Tsuzumi-mon Gate, Kanazawa, Ishikawa · Jayjayli / Unsplash

Suzu City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 35

In short

  1. 1
    A shrinking population

    The population fell 34% between 2020 and 2025 (−3.9% for the wider area).

  2. 2
    Many abandoned homes

    24.5% of homes were empty in 2023 (15.6% for the wider area), and 22.4% were empty without being for rent, for sale or used as second homes.

  3. 3
    Lower earthquake risk

    The government's seismic model gives a 2% chance of shaking of intensity 6-lower or stronger in the next 30 years (7% for the wider area).

  4. 4
    Local incomes are below average

    Taxpayers here reported an average taxable income of ¥2.8m in 2023 (¥3.4m for the wider area).

The answers, compared

Are people moving in?

-34.0%

population, 2020–25

Shrinking faster than Ishikawa (-3.9%)

16 of 16 areas in Ishikawa, highest first

How risky is it?

2%

chance of strong shaking (6-lower+) in 30 years

Lower than Ishikawa (7%)

16 of 16 areas in Ishikawa, highest first

Key figures for 2025

Residential land per m² (sales)
¥3k/m²
Transactions in 2025
35

Rent in Suzu City

The average private rental costs ¥48k a month (2023), +89.4% since 2018. Ishikawa: ¥50k

Rent per m²
¥1,083
median, per month · Ishikawa: ¥1,253

Source: Statistics Bureau of Japan, Housing and Land Survey 2023. Privately owned rentals (excluding rent-free homes), monthly rent without management fees. These averages include older homes, so they run below asking rents for newly listed units. 260 rented homes.

What the data says

A shrinking population

The population fell 34% between 2020 and 2025 (−3.9% for the wider area). More people moved out than in during 2025 (about 83.7 per 1,000 residents), which weakens long-term housing demand.

Many abandoned homes

24.5% of homes were empty in 2023 (15.6% for the wider area), and 22.4% were empty without being for rent, for sale or used as second homes. That is a high share of truly abandoned homes (akiya), a sign of weak demand. Cheap houses are easy to find, but resale can be slow.

Lower earthquake risk

The government's seismic model gives a 2% chance of shaking of intensity 6-lower or stronger in the next 30 years (7% for the wider area). This is low by Japanese standards, although no part of Japan is free of earthquake risk.

Local incomes are below average

Taxpayers here reported an average taxable income of ¥2.8m in 2023 (¥3.4m for the wider area). That is +20% since 2014. Averages are pulled up by a few very high earners, so a typical household earns less than this.

Living in Suzu City: people, homes and risks

Population 2025
8,528
-34.0% since 2020
Ishikawa: -3.9%
Net moves in 2025
-714
-83.72 per 1,000 residents
Ishikawa: -2.55
Vacant homes (2023)
24.5%
22.4% empty and not for rent or sale
Ishikawa: 15.6%
Median rent (2023)
¥41k
per month, all rented homes
Ishikawa: ¥47k
Strong earthquake risk
2.0%
chance of shaking of intensity 6-lower or more within 30 years
Ishikawa: 6.8%
Average income per taxpayer
¥2.8M
taxable income in 2023
Ishikawa: ¥3.4M
Daytime population
101
people here by day per 100 residents (2020 census)
Foreign residents
0.7%
74 registered residents in 2024
Ishikawa: 1.9%
Clinics
12.9
per 10,000 residents; 1 hospitals, 5 dental clinics (2020)
Ishikawa: 8.2
Official land price 2026
¥8k/m²
-5.3% in a year · – in 5 years
Ishikawa: ¥49k/m²
Flood exposure
50.0%
of 4 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Ishikawa: 58.8%
Tsunami exposure
100.0%
of 4 benchmark sites in a tsunami inundation zone
Ishikawa: 3.3%
Landslide exposure
0.0%
of 4 benchmark sites in a landslide warning area
Ishikawa: 2.8%

Check flood, landslide and tsunami zones for a specific address on the government hazard map ↗

Sources: 2025 Census (preliminary), 2025 Internal Migration Report, 2023 Housing and Land Survey (Statistics Bureau of Japan); J-SHIS seismic hazard model (NIED, 2024); Land Price Publication (MLIT); recorded crime: Tokyo Metropolitan Police Department (Tokyo only); incomes: Ministry of Internal Affairs taxation survey via the Statistics Bureau's municipal indicators; foreign residents: Basic Resident Register; medical facilities and station passengers: MLIT National Land Numerical Information. Earthquake probability is measured at the municipal center.

Median price per m² by year
¥0¥5k¥10k¥15k200820102012201420162018202020222024
Show data table
YearLand
2008¥12k/m²
2013¥7k/m²
2014¥6k/m²
2016¥13k/m²
2025¥3k/m²

Prices near train stations in Suzu City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)SalesDaily passengers (2023)
Anamizu (穴水)––¥2.0M–16110-3% vs 2019

About this data

Figures are medians of real transactions reported to Japan's Ministry of Land, Infrastructure, Transport and Tourism (MLIT) through its quarterly price survey. House prices per m² divide the total price (land and building) by the floor area. Medians based on fewer than 20 sales are not shown. The latest quarters are preliminary and are revised as more survey responses arrive.

Information only, not investment advice.